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Number of UAE expats prepared to spend a fortune for a second passport surges 30%

Multicultural Meanderings

More on citizenship-by-investment and the incentives for expatriates in the Gulf who have no pathway to citizenship to pursue options:

There has been a huge increase in the number of wealthy expatriate residents in the UAE who are willing to spend hundreds of thousands to millions dirhams in exchange for a second passport — and the privilege to travel the world freely — despite allegations of fraud against some immigration firms.

In 2018, requests made in the UAE to obtain an alternative citizenship went up by 30 per cent compared to the previous year, according to Citizenship Invest, a Dubai-based company.

The bulk of these applications are from Asian and Middle Eastern nationals residing in the UAE, with Syrians topping the list and accounting for 14 per cent of total demand.

Many Pakistani nationals are also interested in acquiring residency rights from other countries, with their applications accounting for 12…

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